Page 11 - 2024 ANNUAL REPORT FAIR TRADE COMMISSION
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FTC responsibilities
As specified in Article 2 of the Organic Act of the Fair Trade Commission, as the competent authority of the Fair Trade Act and Multi-level Marketing Supervision Act, the Commission is in charge of the formulation of fair trade policies and regulations; the review of the Fair Trade Act; the investigation of business activities and economic developments; the investigation and disposition of cases in violation of the Fair Trade Act; the formulation of policies and regulations regarding multi-level marketing and the investigation and disposition of related cases; the promotion of fair trade policies and regulations; and other matters in relation to fair trade.
Organizational structure
The organization of the Commission can be divided into two tiers: the Commissioners’ Meeting, and the operating and administrative units. The Commissioners’ Meeting adopts the collegial system. The commissioners must be politically independent, must not participate in Meeting include:
1. The review of fair trade and multi-level marketing administration policies
2. The review of fair trade and multi-level marketing administration regulations
3. The evaluation and approval of the Fair Trade Act and Multi-level Marketing
Supervision Act administration plans
4. The evaluation and approval of announcements, permissions and dispositions
involving the Fair Trade Act and the Multi-level Marketing Supervision Act
5. The review of motions presented by commissioners
In 2024, the Commissioners’ Meeting was convened 52 times. 241 motions were presented, including 141 review cases and 100 report cases. Divided by case nature, there were 102 informed cases and cases in which ex officio investigations were launched, 12 cases.
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FTC Responsibilities, Organization, Manpower and Budgets
